What Oracle and TikTok stand to gain from a partnership - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Oracle beat out Walmart and Microsoft in a bid to partner with TikTok–– and both companies stand to benefit

Oracle won the bid for TikTok's US operations, beating out Microsoft and Walmart.If approved, Oracle will become TikTok's "trusted technology provider" in the US, in a deal that's less a sale and more a partnership, per .

Though the specifics are unclear, this likely means that TikTok's data will be processed through Oracle rather than sent to ByteDance's data centers in China, alleviating some of the national security concerns that caused President Trump to demand a ban back in August.stands to benefit in two main areas: First, TikTok will likely switch to Oracle's in-house cloud computing service for its servers and storage.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BAN IT TIM WU.... Inventor of the concept 'Net Neutrality' A TikTok Ban Is Overdue Critics say we shouldn’t abandon the ideal of an open internet. But there is such a thing as being a sucker.

I believe the correct position is to be against Facebook's buying Instagram on antitrust -AND- to be against Tiktok operating in USA when China blocks all our our apps.

I still hope Tiktok is banned not sold. Do you remember when China stole Alipay from Yahoo? That is ANT FINANCIAL Yahoo owned 40% of it now worth $80 billion of the $200 billion marketcap. China stole from us. Yahoo didnt get a dime from Alipay

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the life of an Uber driver in NYC during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the real reasons behind Mike Corbat's early retirement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They said the same about MLK,slavery,segregation,share cropping ,under paid blacks ,systemic racism but praise white nationalists terrorists who walks the streets with guns.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Citi's exec shakeup — Chime's latest round — Buy now, pay later's future - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Balyasny's training program for hedge fund portfolio managers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Oracle wins proposed deal with TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Yay ? CEO Adam Brimo talks at ASX conference, all about OpenLearning=ASX$OLL Motley fool article on OpenLearning=ASX$OLL🚀🚀
Source: BusinessInsider - 🏆 729. / 51 Read more »

Microsoft unintentionally insulted TikTok's owner during its bidding war with Oracle - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Are you struggling to have a job, here I’m making up to $10,000 every 6 days in forex trading if you’re interested ask me How or inbox me
Source: BusinessInsider - 🏆 729. / 51 Read more »